Fidelity Investments is closing its £95.6m international bond fund to new retail investment and converting it into a sub-fund of the company's Oeic.
Fidelity says interest in the fund from the retail sector has dropped but existing retail investors will be able to remain in the fund. The annual charge will decrease from 1 per cent to 0.5 per cent.
In the expectation that the UK's biggest companies will continue to outperform the FTSE All-Share index, Hill Samuel Asset Management has launched the British Pep. The Pep is based on its long-established British Trust and includes holdings such as Glaxo, HSBC and Barclays Bank. Hill Samuel says it is currently bullish about UK equities and […]
One of the key issues in the stakeholder pensions debate is the degree of regulation appropriate to the products. Would it be prudent to exclude stakeholder pensions from the present framework of regulation by introducing some form of kitemarking? On the face of it, there are advantages to this. First, providers would not need to […]
Our client leads the global market in high-tech electronics manufacturing and digital media. The trustees of the company’s final salary pension scheme insure death-in-service lump sum and dependants’ pension death benefits for active employees, as well as dependants’ pension benefits for deferred members (those who have left service).
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The latest update (version 10.3) to Apple’s mobile iOS operating system brings with it some useful features it is worth knowing how to activate. To me, the most valuable is to replace the existing four- or six-digit passcode with an alphanumeric one for additional security. You just cannot be too careful about security; we all […]
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